Long-Term Rental Financing

Obtain long-term rental financing with 30-year terms.

LOAN CRITERIA:

Collateral:

Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes;
Planned Unit Development (PUD)

Term:

30 Years

Loan Amount:

$55K–$2M

LTV:

Purchase:The Lesser of Up to 80% of the As-Is Value
or Up to 80% Loan-to-Cost

Refinance:Up to 80% of the As-Is Value

 Cash-Out: Up to 75% of the As-Is Value

Property Value:

“As-Is” Appraised Value Must Be Greater Than $100K
Subject to Increase Based on Location

Credit Score:

660 Minimum

Debt Service Coverage Ratio (DSCR):

1.05

Long-Term Rental Financing

Fast Financing that Fits Your Real Estate Investments

Purchase

FICO

740+

700 - 739

680 – 699

660 – 679

MAXIMUM LOAN-TO-VALUE (LTV)
Up to 80% of the As-Is Value
Up to 80% of the As-Is Value
Up to 75% of the As-Is Value
Up to 70% of the As-Is Value
MAXIMUM LOAN-TO-COST (LTC)
Up to 80% Loan-to-Cost
Up to 80% Loan-to-Cost
Up to 75% of the As-Is Value
Up to 70% Loan-to-Cost

Refinance

FICO

740+

700 - 739

680 – 699

660 – 679

MAXIMUM LOAN-TO-VALUE (LTV)
Up to 80% of the As-Is Value
Up to 80% of the As-Is Value
Up to 75% of the As-Is Value
Up to 65% of the As-Is Value

Cash-Out

FICO

740+

700 - 739

680 – 699

660 – 679

MAXIMUM LOAN-TO-VALUE (LTV)
Up to 75% of the As-Is Value
Up to 75% of the As-Is Value
Up to 70% of the As-Is Value
Up to 60% of the As-Is Value